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Taxation

Property tax revised yet again

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The Hindu 26.01.2010

Property tax revised yet again

Staff Correspondent

The corporation council approved the latest revision on Monday

 


Survey of traders in the city to be launched

SHG to be involved in a campaign

for SAS



OPPOSITION: Congress members raising objection to a proposal of the city corporation during the meeting in Mangalore on Monday.

MANGALORE: The Mangalore City Corporation has revised the rates of property tax under the self-assessment scheme (SAS) for the third time. It had revised the rates for the second time last month.

The corporation council in its meeting on Monday approved the latest rates. However, the new rates will come into effect only after the Government’s approval.

According to the latest revision, residential buildings will have to pay 0.5 per cent of the value as tax while commercial buildings have to pay 1.5 per cent of the value. At present, the rates stand at 0.6 per cent and 2 per cent respectively.

Third category

Under the existing system, the rate of tax for commercial/non-residential buildings is 2 per cent. However, under the latest revision, this category has been changed to non-residential/non-commercial buildings and the tax has been reduced to 1 per cent.

Vacant sites

The civic body has retained the tax rates on vacant sites. Accordingly, the tax rate for vacant sites measuring up to 1,000 sq. m will be 0.1 per cent; between 1,000 sq. m and 4,000 sq. m, 0.025 per cent; and above 4,001 sq. m, 0.01 per cent.

Survey

The council approved a proposal to conduct a survey on the number of traders in the city operating without licence and those not having renewed their licences. It agreed to hand over the survey work to a Stree Shakti sangh (self-help group). However, the Opposition Congress objected to this proposal.

K.N. Vijayaprakash, Commissioner of the corporation, told the council that the civic body had issued licences to 17,188 traders. The annual revenue from them should have been Rs. 78.6 lakh. But, the civic body had collected only Rs. 19 lakh so far this year.

He said that according to an estimate, there were about 24,000 to 25,000 traders in the city now. Many of them had either not obtained licences or had not renewed them.

The corporation could realise at least Rs. 1.5 crore a year as licence fee if the authorities took prompt action against evaders, Mr. Vijayaprakash said.

The Commissioner said that the Standing Committee on Public Health, Education and Social Justice could decide on the remuneration for self-help groups (SHGs).

Walkout

The council decided to utilise the services of a Stree Shakti group for a campaign on payment of property tax under the SAS. Mayor M. Shankar Bhat said that although the SAS came into effect from April 1, 2008, many people had not paid the taxes. The campaign was aimed at motivating them to pay taxes, he said.

Remuneration

Mr. Vijayaprakash said that the Standing Committee on Taxation, Finance and Appeals could decide the remuneration for the Stree Shakti groups in this regard.

The Congress and other Opposition members, who opposed this proposal of the corporation, staged a walkout.

Last Updated on Tuesday, 26 January 2010 06:23
 

No penal interest on land tax dues till March 31

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The New Indian Express 25.01.2010

No penal interest on land tax dues till March 31


THIRUVANANTHAPURAM: Local Self-Government Minister Paloli Mohammed Kutty has said that the penal interest on land tax dues would be waived for those who pay the dues in single payment before March 31.

As per the Panchayati Raj Act and the Municipalities Act, there are provisions to levy penal interest from tax payers who fail to pay the first instalment of land tax before the first half of the financial year. But, the Government has noticed that some confusion prevailed among tax payers following the tax revision with regard to the buildings and mobile towers in the local body limits which led to unintentional defaults.

It is in this context that the Government has now issued orders to waive the penal interest. However the benefit of the waiver will be available only to those who pay the dues in single payment before March 31.

Last Updated on Monday, 25 January 2010 08:11
 

Cable operators told to pay tax arrears by January 31

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The Hindu 25.01.2010

Cable operators told to pay tax arrears by January 31

Priti Narayan

PUDUCHERRY: Cable operators in Oulgaret Municipality have to pay entertainment tax arrears to the local body by January 31.

“We had initiated proceedings recently and threatened to sever cable connections and seize property if the arrears were not paid immediately. Now that we have heeded to their time extension appeal, if the January 31 deadline is not met, we will be taking serious action,” S. Rajamanickam, Commissioner of Oulgaret Municipality said.

In addition, the operators have also appealed to the government to consider waiving of entertainment tax arrears due , following the precedent set by Tamil Nadu. But, the municipality was yet to receive any directive regarding the waiver and hence, all steps needed to recover tax arrears would be taken, the Commissioner said.

According to officials, cable TV operators within the Oulgaret Municipality are required to pay entertainment tax of 10 per cent on monthly subscriptions for every connection with effect from June 2000. Around Rs. 60 lakh is due to the municipality as entertainment tax from cable operators.

There are 68 cable operators functioning within the municipal limits. Among these, only five recently paid their tax arrears, officials said.A total of 8,600 cable connections have been declared by these operators. According to property tax survey conducted by the local body in 2005, over 40,000 houses were assessed in the municipality. Even if the number of direct-to-home subscribers is discounted, there are many more than 8,600 connections within the municipality, the commissioner observed, adding that the non-payment of taxes was causing a huge revenue loss to the local body.

Last Updated on Monday, 25 January 2010 05:06
 


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